In fact, our standard account of monetary history is precisely backwards. We did not begin with barter, discover money, and then eventually develop credit systems. It happened precisely the other way around.


Chapter Two, "The Myth of Barter", p. 40 - Debt: The First 5,000 Years (2011)

David Graeber Quotes

In fact, our standard account of monetary history is precisely backwards. We did not begin with barter, discover money, and then eventually develop...

In fact, our standard account of monetary history is precisely backwards. We did not begin with barter, discover money, and then eventually develop...

In fact, our standard account of monetary history is precisely backwards. We did not begin with barter, discover money, and then eventually develop...

In fact, our standard account of monetary history is precisely backwards. We did not begin with barter, discover money, and then eventually develop...